MDRM (Modern Mobility Aids) Shares Outstanding (Basic Average): 110.72 Mil (As of Mar. 2015)


What is Modern Mobility Aids Shares Outstanding (Basic Average)?

Modern Mobility Aids MDRM Shares Outstanding (Basic Average) is 110.72 Mil as of Mar. 2015.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Modern Mobility Aids's average basic shares outstanding for the quarter that ended in Mar. 2015 was 110.72 Mil.

Modern Mobility Aids  (OTCPK:MDRM) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Modern Mobility Aids Shares Outstanding (Basic Average) Related Terms

Modern Mobility Aids Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Modern Mobility Aids's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Modern Mobility Aids Shares Outstanding (Basic Average) Chart

Modern Mobility Aids Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Shares Outstanding (Basic Average)
22.66 146.11 195.48 195.48 123.36

Modern Mobility Aids Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.48 77.16 81.58 92.78 110.72

Modern Mobility Aids Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 110.72 Mil mean?
Modern Mobility Aids (MDRM) has a Shares Outstanding (Basic Average) of 110.72 Mil as of Mar. 2015. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Modern Mobility Aids and its competitors.
Is Modern Mobility Aids' Shares Outstanding (Basic Average) too high?
Modern Mobility Aids' current Shares Outstanding (Basic Average) is 110.72 Mil.
How does Modern Mobility Aids' Shares Outstanding (Basic Average) compare to MGPC and POYN?
Modern Mobility Aids' Shares Outstanding (Basic Average) of 110.72 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Healthcare Providers & Services company?
A good Shares Outstanding (Basic Average) depends on the Healthcare Providers & Services industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Modern Mobility Aids and its competitors. Modern Mobility Aids's current Shares Outstanding (Basic Average) is 110.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Mobility Aids stock overvalued right now?
Modern Mobility Aids (MDRM) has a current Shares Outstanding (Basic Average) of 110.72 Mil. The current Shares Outstanding (Basic Average) is 110.72 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Modern Mobility Aids (MDRM), the current Shares Outstanding (Basic Average) is 110.72 Mil as of Mar. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Modern Mobility Aids Business Description

Address 1968 South Coast Highway, Suite1094, Laguna Beach, CA, USA, 92651
Modern Mobility Aids Inc is currently focusing on Digital Health, Telehealth, Virtual Care, Cardiac Monitoring, Mental Health, Tele-Monitoring, and other emerging opportunities in the rapidly changing healthcare environment, with a special emphasis on the Canadian, Latin American, and US markets. The company aims to build a common/shared platform through which it can provide Virtual Health Care services and home medical monitoring.